In May 2022 Channel Infrastructure issued $100 million of unsecured, unsubordinated, fixed rate bonds.
The Bonds term is 5 years maturing in May 2027, and pay a fixed rate of 5.8%. The Bonds are quoted on the NZX Debt Market under the ticker code CHI020.
Maturing on 20 May 2027
In December 2018 the Company issued $75 million of unsecured and subordinated notes with a maturity date March 2034.
The subordinated notes pay a fixed rate of 5.1% until the first election date being 1 March 2024. On the election date, the Company has the right to either redeem the subordinated notes, or to run an election process and offer new conditions.
Paid until 1 March 2034, unless redeemed earlier.